What’s the Difference between Primary and Contingent Beneficiary?
Contingent beneficiaries provide a safety net, if the primary beneficiary cannot receive the assets from an estate or proceeds from a life insurance policy or retirement account.
Contingent beneficiaries provide a safety net, if the primary beneficiary cannot receive the assets from an estate or proceeds from a life insurance policy or retirement account.
Gen Z is setting an example by taking control of their financial futures early, showing an unexpected interest in estate planning.
Only 32% of Americans have a will. However, even if you believe you lack assets, going without a will is a big mistake.
You may need to petition the courts for guardianship or conservatorship, the terms of which vary from state to state.
None of us can predict the future. However, we can make sure that someone is capable of advocating for us if we are suddenly unable to advocate for ourselves due to accident or illness.
Estate planning ensures that your children will have the future you want for them no matter what happens to you.
Learn how country legend Toby Keith protected his family’s future through careful estate planning and why starting early is crucial for everyone.
Remember, even ‘Superman’ Christopher Reeve didn’t think he would fall off a horse, and it changed his life forever. Always be prepared.
Implementing these legal strategies can ensure that your digital assets remain secure and preserve those gains for future generations.
Godparents provide spiritual guidance and mentorship to your children. However, they can only legally care for your kids if you name them guardians for minor children.
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